Baru tekan 1.41, now dropped to 1.39? WTH??!! MYEG Woh!

But Shahril Mokhtar is in this company woh...

Question for the Sifus:

Dufu is declaring 1:20 treasury shares as dividend. 1:20 = 5%, means it's great as ROI, right? What I would like to know is, what's the effect of the treasury shares being issued as dividend? It's still same as normal shares, right? Means can still be traded?

@Destiny88, Anthony Loke did NOT confirm that ECRL is coming to Seremban, He merely mentioned that the ECRL MAY be re-routed to NEGRI SEMBILAN, not Seremban specifically. Could be Labu, Sendayan, anywhere else. Although high possibility it's going to be Seremban, you cannot insinuate it unless it has been confirmed.

While I too am inclined to believe that ECRL will pass Seremban, I'm appalled that @calvintaneng has included some fake news in his blog:
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/201487.jsp

1) First of all, LGE did NOT say that ECRL will be coming to Seremban. He only said that it MAY come to NEGRI SEMBILAN.

2) Then, Anthony Loke only confirmed what LGE said, which is not to say that he concurred that ECRL is coming to Seremban.

3) Finally, Azmin only called Tun Daim to find out that the negotiations are still ongoing, nothing on Seremban.

So, while your intentions to share your views may have been noble, you need to avoid making up stories which confuse the public, @calvintaneng.

@ck_eyong ,

SCOMIES is NOT a oil-drilling company. There are providing the chemicals, additives, lubes to drilling companies & providing drilling waste management services. Please don't spread fake news if you are not sure. Read up in their website & prospectus, reviews & financial reports.

@Ron90,

"tunneling giant, IJM owns 21% scomi shares...when ECRL proceed, maybe scomi sure got some action..., ONGC also involve..buy Scomi ..got 2-in-1. ..Ph friendly, what else can hold back this company?"

Bila masa lah IJM jadi tunnelling giant? Kikiki...

I think you got mixed up with Gamuda. They are the tunnelling giant in Malaysia through MMC-Gamuda. However, you are right about IJM being major shareholder of Scomi. It's been a long wait for them to see their investment bear fruit. So, #IniKaliLah!

@Yusuf Isa,

FYI on IJM's stake in SCOMI: https://www.theedgemarkets.com/article/cover-story-scomis-colourful-past

As for your question on which to buy (Scomi vs KNM vs Scomies vs Sapura), I don't know much about KNM. But with regards to SAPNRG, they are Petronas' biggest vendor, & with crude oil reaching higher levels, expect more investment from Petronas & involvement from SAPNRG. However, with their debt, don't expect to reap immediate profits. Comparing SCOMI & SCOMIES is easier, IMHO. SCOMIES is less debt laden, & it is is the O&G industry which is on the rise.They are in a niche business which is highly required by the drilling companies, not competing with the likes of SAPNRG, KNM, VELESTO, HIBISCS, etc.So relatively, SCOMIES is a safe bet. But the profit margins of their business is not as big as the O&G construction contractors like SAPNRG,VELESTO, KNM, etc.

SCOMI, however, is an entirely different ball game. They are in the rail industry, one of only 3 proprietary monorail manufacturers in the world (IP belongs to SCOMI)& 100% Malaysian company. While after a lull, the rail industry in Malaysia looks like it is about to pick up, Monorail is not really a popular mode of travel overseas. While it has its advantages, SCOMI's lack of high marketing budget means that there is little publicity on monorails, especially in India. After the recent contracts with Prasarana, there is hope yet. After KL, SCOMI ca start renegotiating in Mumbai & Sao Paulo. Also remember that in the Penang Transport Master Plan, there are two monorail lines, and with SCOMI being a local company, they stand a good chance of clinching the deal. So there is huge potential in SCOMI, but the risk is that previously also, SCOMI had almost RM5 billion worth of potential projects but nothing turned up. Can SCOMI do a better job now under new management? Only time will tell... At this point, I can only recommend to watch closely.For those who are willing to play the long game, go ahead & buy now. It will become more expensive later as bid successes are announced.

I don't get it. CMSB is on an upward trajectory but AmInvest has a Sell recommendation. Why?

Scomi Energy (SCOMIES) & Scomi Group (SCOMI) are two different entities.

SCOMIES is in O&G sector, SCOMI is parent company for SCOMIES & also involved in transportation (rail, buses, special trucks).

SCOMIES got contract in Kuwait, whereas SCOMI contract is with Prasarana. Therefore, SCOMI's contract with Prasarana has no bearing on SCOMIES. However, if SCOMIES makes huge profit, it will trickle up to SCOMI as parent company.

Sekian.

@Ron90, where did you learn that Prasarana must pay RM181 mil in 14 days? The refurbishment cost is RM181 mil, but I can't find any info saying that Prasarana will pay upfront within 14 days.

Care to share the info? Thanks.

https://www.theedgemarkets.com/article/scomiprasarana-monorail-dispute-comes-end-new-rm303m-contract

RM303m contract is for Scomi, not Scomies! @Tbt95, you spreading fake news aah? wakakaka....

For @birkincollector:

https://www.theedgemarkets.com/article/scomiprasarana-monorail-dispute-comes-end-new-rm303m-contract

Momentum? What momentum? Price has been falling like a rock!

38% melayang just like that!! I must be one of the worst investors in this group!! *facepalm*

Kaw-kaw kena! Enter at 0.55, now stuck with my tail in my mouth...

Any positive news that can drive up the price soon, anyone?

@calvintaneng, Your TP on Destini still OK after today? RM0.60 seems a bit high, but let's see tomorrow morning.

I put in 0.115, still no bite. Let's see after lunch...

@Ngo Jeechin,

But not much movement today...

@Tongkarat,

So your advice? Buy? Sell? Hold?

Hope this translates into YTL getting involved in the national rollout,

https://www.freemalaysiatoday.com/category/nation/2019/02/18/terragraph-goes-on-trial-at-penangs-world-heritage-site/

OK, seems like @cytew & @apolloang predicted correctly. Stock drop like a rock. But for now, I think I will hold on first. Let's see how they perform on this YES contract.

No other choice lor...Sell now my loss at 39%!

Sooo....Hold? Or start buying?

Can anyone tell me why AturMaju is dropping like a hot potato today?

Hopefully can get some of the funds owed to them, instead of them always being demanded to pay by creditors. Prasarana also needs to pay them their owed sum. But most importantly, they need to get some new business. If not no more incoming funds lor...

Looks like private placement will go through. But not sure on the completion date.

Dont hold your breath though.

@Derickloo, MOT has asked them to work together with Prasarana to get the 4-car trains up

What's going on now? Suddenly start to drop after lunch???

Thanks Jerry. Timely info.

@Jerry Tze Ming, what's your holding duration from 0.68 to 5.4?

I'm planning to go in today at 3.97. Advice please?

I also same spot as zul. Avg buy price 1.32. Now .37. All thanks to Khasera Baru , loss making quarter after quarter & now this IDSS! So long I have hope SapNrg will up agaIn, but nothIng yet. Sifu-sifu said cut loss, how to cut loss when almost 70-80% gone? Menangis darah keluar lor...

What's the future outlook for SAPNRG? Will it EVER reach 1.00 at least?

Bought at 1.1 at lunchtime bell. Now watching suspenseful movie...

I told you this is a turnaround year for SGB.Welcome MR SAMMY TSE KWOK FAI as Executive Director. Now see SGB start moving upwards! Don't miss your train!

Some good news should come in the coming week or weeks, I'm guessing. This should be a turnaround year for Scomi.

What's the latest news on the dividends payout? Any date given? Haven't heard anything since the transfer from TRIPLC to PEB.

No updated news on the dividends payout?

@Ziko Ro,

What's your outlook for tomorrow?

Even Intraday trade could have made 26% !

@richardlee, I too believe that that proceeds will not be reflected so soon, so by the time the actual payment is made, it might already be Q2 or Q3 already. No harm in selling some to make some profits now. All down to the individual's risk appetite.

Posted by zoozooka > Feb 28, 2018 12:04 PM | Report Abuse

If kyy is serious about joining the board of directors, he wouldn't praise himself smart, insult them then ask for permission

But if you are an investor who has put in high stakes in your company, you are doing it because either you believed in the business model or the management at that time. If later, the management not performing as expected but you know the company got potential, what do you do? I think if it was me, I too would do what Uncle K is doing. The Vietnam project can actually over spill into other areas such as water concessions & property development, both areas where Uncle K's KungFu is strong. Uncle K has good reputation in Vietnam, the confidence to perform & the support of banks, so I would also ask the JAKS management to seriously consider his offer. It's also good for minority shareholders like me.

"If today can raise 0.70 above , i will start my invesment in this counter again. This what i will do , who will follow my footstep ?"

If confident this share will go up, why not buy now? Why wait until RM0.70?

Newbie question, not questioning your judgement.

What do you all think about the latest announcement by the mgmt on the Long Term Incentive Plan (LTIP)? How is it related to Uncle KYY's commentary?

All Sifus in this forum:

I'm holding a small qty of TRIPLC at RM2.33. Moving forward after the EGM, what is the recommended course of action for me? Newbie at investing, so your guidance is most appreciated.

@Jay: A highly interesting & far sighted set of articles. Thank you for your insight. Based on the recent developments of the EGM, what is your recommendation? I'm holding some TRIPLC shares (unfortunately, slightly above your recommended RM2.20, but still some upside if target price RM3.00 is reached), so I would appreciate some advice from my perspective as a TRIPLC minority shareholder.